|
GlennWoods H.O.A., Inc
Income / Expense Statement
Period 04/01/06 - 04/30/06
|
Description |
Current
Period |
Year to
Date |
Year Budget |
| Actual
|
Budget |
Variance |
Actual |
Budget |
Variance |
|
| 06310 |
Assessment Income |
6,547.28 |
.00 |
6,547.28 |
45,016.72 |
48,300.00 |
(3,282.28) |
48,300.00 |
| 06350 |
Legal
Fee Reimburse |
.00 |
.00 |
.00 |
241.00 |
.00 |
241,00 |
.00 |
| 06351 |
Filing
Fees |
462.00 |
.00 |
462.00 |
1,917.09 |
.00 |
1,917.09 |
.00 |
| 06360 |
Misc.
Owner Expenses |
.00 |
.00 |
.00 |
100.00 |
.00 |
100.00 |
.00 |
| 06430 |
Assmst
Paid in Advance |
(944.68) |
.00 |
(944.68) |
(120.00) |
.00 |
(120.00) |
.00 |
|
Subtotal Income |
6,067.65 |
.00 |
6,067.65 |
47,164.97 |
48,300.00 |
(1,135.03) |
48,300.00 |
|
Expenses |
|
General Administrative |
| 07010 |
Management Fees |
.00 |
.00 |
.00 |
600.00 |
.00 |
(600.00) |
.00 |
| 07020 |
Accounting Fees |
200.00 |
200.00 |
.00 |
200.00 |
1,000.00 |
800.00 |
2,600.00 |
| 07160 |
Legal
Fee |
55.50 |
.00 |
(55.50) |
808.00 |
2,000.00 |
1,192.00 |
5,000.00 |
| 070250 |
Bank
Charges |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
| 07260 |
Postage
& Mail |
.00 |
41.66 |
41.66 |
.00 |
166.64 |
166.64 |
500.00 |
| 07280 |
Insurance |
.00 |
.00 |
.00 |
1,875.00 |
1,900.00 |
25.00 |
1,900.00 |
| 07320 |
Office
Supplies |
80.25 |
100.00 |
19.75 |
1,805.16 |
400.00 |
(1,405.16) |
1,200.00 |
| 07325 |
Website |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
167.40 |
| 07400 |
Printing-Reproduction |
.00 |
20.83 |
20.83 |
.00 |
83.32 |
83.32 |
250.00 |
| 07420 |
Property Taxes |
3,914.26 |
2,000.00 |
(1,914.26) |
3,914.26 |
2,000.00 |
(1,914.26) |
4,000.00 |
| 07430 |
Federal
Income Tax |
.00 |
.00 |
.00 |
.00 |
150.00 |
150.00 |
150.00 |
| 07431 |
Community Events |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
250.00 |
| 07990 |
Bad
Debt Expenses |
224.25 |
.00 |
(224.25) |
1,340.99 |
.00 |
(1,340.99) |
3,000.00 |
|
General & Administrative
|
4,474.26 |
2,362.49 |
(2,111.77) |
10.553.41 |
7,699.96 |
(2,853.45) |
19,017.40 |
| |
|
Common Utilities |
|
08910 |
Electricity |
420.68 |
475.00 |
54.12 |
1,661.42 |
1,900.00 |
238.58 |
5,700.00 |
|
08990 |
Telephone |
.00 |
16.66 |
16.66 |
.00 |
66.64 |
66.64 |
200.00 |
|
Common Utilities |
420.88 |
491.66 |
70.78 |
1,661.42 |
1,966.64 |
305.22 |
5,900.00 |
| |
|
Maintenance |
|
09001 |
Pond Maintenance |
.00 |
.00 |
.00 |
1,100.00 |
.00 |
(1,100.00) |
2,600.00 |
|
09010 |
Tree Maintenance |
.00 |
1000.00 |
1,000.00 |
.00 |
1000.00 |
1000.00 |
2,500.00 |
|
09021 |
Fence |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
4,600.00 |
|
Maintenance |
.00 |
1,000.00 |
1,000.00 |
1,100.00 |
1,000.00 |
(100.00) |
9,700.00 |
|
|
|
Contract Services |
|
09610 |
Lawn Maintenance |
730.00 |
1.023.00 |
293.00 |
730.00 |
1,023.00 |
293.00 |
8,800.00 |
|
09611 |
Fertilizer |
.00 |
.00 |
.00 |
.00 |
400.00 |
400.00 |
800.00 |
|
09612 |
Bed Maintenance
|
.00 |
100.00 |
100.00 |
150.00 |
300.00 |
150.00 |
500.00 |
|
09613 |
Survey |
.00 |
.00 |
.00 |
.00 |
300.00 |
300.00 |
300.00 |
|
09615 |
Misc. Expenese |
766.49 |
200.00 |
(566.49) |
961.49 |
200.00 |
(761.49) |
200.00 |
|
09800 |
Snow Removal |
.00 |
.00 |
.00 |
200.00 |
1,500.00 |
1,300.00 |
2,500.00 |
|
Contract Services |
1,496.49 |
1,323.00 |
(173.49) |
2,041.49 |
3,723.00 |
1,681.51 |
13,100.00 |
|
|
|
Reserve Contributions |
|
09910 |
Reserves |
.00 |
.00 |
.00 |
.00 |
.00 |
.00 |
0.00 |
|
|
|
|
|
|
|
|
|
|
Total Expenses |
6,391.63 |
5,177.15 |
(1,214.48) |
15,356.32 |
14,389.60 |
(966.72) |
47,717.40 |
|
Year Net
Income / Loss |
(323.98) |
(5,177.15) |
4,853.17 |
31.808.65 |
33,910.40 |
(2,101.75) |
582.60 |
|